In the current situation, about 60% of people are focused on short-term investment. When they lose all their money in short-term investment or trading, they get very broke and they start saying that all this is fake. The risk of losing your money in short-term investment is much higher. Nowadays, many people start trading by watching trading videos or hearing from someone, they never research these things to see which one will be good for them. If they did a little research before stepping into this trading, they would never have traded and would not have lost their money in trading.
If a person makes long-term investments, such as buying continuously based on his stable income, then his chances of profiting from his investment are much higher. If a person sets his goals before investing, such as how many Bitcoins he will accumulate in his portfolio, how long he will hold his holdings for, if he plans to invest in all these aspects and holds them for the long term, then he can benefit from his investment.
This has always been there, but now it’s a bit more common. The reason is that many tokens have given huge profits in a short time, only to completely vanish within a few days. Just look at how many scam projects Binance, Bybit, and Bitget were promoting since early 2024.
In the beginning, big traders would create hype, and after seeing that hype, regular traders would invest in those projects. But as soon as the big traders made their profit and sold, the regular traders couldn’t sell either due to fear of loss or market manipulation. In the end, they would lose everything and be left completely frustrated, with nothing they could do.
This is still happening today, so you need to be cautious. Stay away from such scam projects. If you want to trade, make sure to thoroughly research any project before investing in it.
For the long term, I believe the best approach is to hold assets like Bitcoin, Ethereum, BNB, and XRP.